Aug. 23 at 1:35 AM
(
$LYFT) presents a strong bullish outlook based on a combination of institutional conviction, options flow analysis, and technical indicators. With a DCS of +80, the stock is exhibiting clear upward momentum, especially with net institutional buying support (SOI) at
$15.00, along with bullish confirmation from regression channels and RVWAP.
Key levels to watch are
$17.00 for support, aligning with both gamma exposure and OI POCs. Resistance is expected at
$18.50, with potential upside acceleration if price moves toward the
$20.00 zone. Volatility remains moderate, with historical volatility at 1.84. However, RSI is nearing overbought territory (74.99), so caution is advised as price approaches higher resistance.
Stocktwits Summary:
🟢 Lyft (
$LYFT) Bullish Momentum
📌 Key Levels: Support at
$17.00, Resistance at
$18.50
⚡ Pinning Zone:
$17.00 (Call/Put OI POCs align here)
📊 DCS: +80, Bullish Bias Strong
📰 News Context: Institutional buying continues, options flow favors upside.
